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Lufthansa OKs orders for 30 Airbus A320neos, five Boeing 777s

Lufthansa’s board Wednesday approved orders for 30 Airbus A320neo Family airliners and five Boeing 777 freighters, the German airline announced.
“Investment in new aircraft strengthens the competitiveness of airlines in the Group,” Lufthansa said. “Besides greater fuel efficiency, all the models on order will help lower operating costs as well as noise levels and emissions. The orders are yet further steps in Lufthansa’s ongoing fleet modernisation and expansion policy.”

The A320neo is the re-engined version of Airbus’ staple single-aisle family. The order consists of 25 A320neos and five larger A321neos, with deliveries scheduled to start in 2016, Lufthansa said. The airline has not chosen between the Pratt & Whitney and CFM engine options.

“Since its launch in December last year, the ‘neo’ has taken the market by storm and has already attracted more than 330 commitments – with more to come,” John Leahy, Airbus Chief Operating Officer, Customers, crowed in a news release. “This represents the fastest rate of sales for any commercial aircraft ever.”

The Boeing 777 freighters are set for delivery starting in 2013. Boeing declared itself “delighted” with the order.

The orders in total are worth $4 billion at list prices, although airlines get substantial, undisclosed discounts.

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